Associate, Asset Management

Tishman Speyer creates vibrant destinations and dynamic environments that inspire innovation and connected communities.  As a diversified developer, operator, and investment manager of top-tier real estate in 33 markets across the globe, our business choices are driven by the belief that real estate should unlock human potential. Tishman Speyer’s diversified portfolio spans market rate and affordable residential communities, premier office properties and retail spaces, industrial facilities, and mixed-use campuses. We create state-of-the-art life science centers through our Breakthrough Properties joint venture, and foster innovation through our strategic proptech investments. By combining global perspective with local expertise, and a personalized approach, we are able to anticipate our customers’ evolving needs. We were the first real estate company to introduce asset-wide amenity services through our ZO platform, and the first traditional real estate company to create its own flexible space and coworking brand, Studio. 

Since our founding in 1978, Tishman Speyer has acquired, developed, and operated 576 properties, totaling 233 million square feet, with a combined value of over $131 billion (U.S.). Tishman Speyer currently has approximately $65 billion in assets under management, including iconic properties such as New York City's Rockefeller Center, São Paulo's Torre Norte, The Springs in Shanghai, Paris Bourse in Paris and Frankfurt’s OpernTurm and TaunusTurm.

Summary of the Position:

Asset Management is responsible for developing and executing asset-level strategies throughout the hold period to maximize value, drive performance, and align with investor objectives. This includes business plan development and execution, performance monitoring, financial modeling, investment and lease analysis, redevelopment oversight, and refinancing/disposition analysis across the operating portfolio. The Associate will  focus on the Chicago office portfolio and collaborate in a dynamic team environment to interact closely with cross-functional teams, including portfolio management, acquisitions, development, capital markets, property management, corporate strategy, innovation, design and construction, and leasing. 

Key Responsibilities:

• Provide analytical support to assist with the asset management function for existing properties, including quarterly valuations, cash management, hold/sell analyses, and other ad hoc sensitivity analyses

• Work with third-party leasing teams to analyze and negotiate new leasing deals

• Conduct market research using third-party data providers and broker relationships to compile relevant lease and sale comparables, competitive sets, development pipelines, and broader market intelligence

• Prepare presentation materials and proposals with responsibility for written and graphic requirements

• Respond to key stakeholder questions based on available information and financial analyses

• Annual budgeting and reforecasting in coordination with property management, design & construction, leasing and accounting teams

• Execute on or establish an asset’s business plan; coordinate with investment partners and participate in meetings with internal teams as well third-party consultants, such as architects, engineers, and marketing agencies, in furtherance of the asset’s business plan

• Manage refinancing and disposition activities, as they arise

• Analyze and manage tracking of various ongoing capital projects in coordination with design & construction teams and property management

Skills & Qualifications:

• 3-5 years of experience in an analytically rigorous Real Estate or Finance environment

• Demonstrated passion for real estate and desire to build a career on the principal side

• Strong analytical and creative problem-solving skills

• Excellent written and verbal communication skills

• Advanced Excel and financial modeling skills, with strong working experience in ARGUS Enterprise

• Ability to work effectively with both peers and senior executives in a highly entrepreneurial, team-oriented environment

• Exceptional attention to detail

LOCATION: CHICAGO

WEBSITE:  www.tishmanspeyer.com

The base compensation range for this role is $115,000 to $130,000. This role is also eligible for a discretionary annual bonus, as well as access to our comprehensive medical, dental, and vision insurance, life and disability insurance, 401(k) plan (with matching contributions), wellness benefits and all